WEBVTT

1
00:00:00.800 --> 00:00:04.559
For your seven billion dollars. We
allegod it to each other, and there

2
00:00:04.799 --> 00:00:09.039
is an ace of ninety percent.
They are SMEs that generate eighty percent give

3
00:00:09.119 --> 00:00:12.400
me twenty minutes of your time and
I, in return, would give you

4
00:00:12.439 --> 00:00:17.320
information on the most relevant issues in
foreign trade, tax and customs with a

5
00:00:17.440 --> 00:00:22.039
human touch and make a truck,
a telese magas podcast and Mexica Hello.

6
00:00:25.719 --> 00:00:32.119
How about good afternoon welcome to one
more edition of let' s make a

7
00:00:32.240 --> 00:00:37.520
barter welcome to the graduate Alejandro Mayor, How nice to see you anyway I

8
00:00:40.359 --> 00:00:45.640
look here green how welcome do we
look? You see good evening well seen

9
00:00:45.679 --> 00:00:51.439
how good? For today is apart
from that we are closing November, for

10
00:00:51.439 --> 00:00:55.759
already closing the songs of two thousand
twenty- four, of two thousand twenty

11
00:00:56.399 --> 00:01:02.240
- three, truth and preparing for
two thousand twenty- four. And precisely

12
00:01:02.399 --> 00:01:10.040
because today will tell us the prospects
of international trade for two thousand twenty-

13
00:01:10.840 --> 00:01:22.400
four and allow me to present his
countenance. Alejandro Mayor is currently director of

14
00:01:22.680 --> 00:01:29.959
drakeond Plcience for the Americas region at
Flex Manufacturing and is responsible for improving the

15
00:01:30.359 --> 00:01:36.640
business regulations compliance program for Canada,
Mexico, Costa Rica, Brazil and with

16
00:01:36.840 --> 00:01:46.040
a special focus on U S customs, which includes export control. The ISA

17
00:01:47.079 --> 00:01:53.480
Trake Omplightes program with more than twenty
years of experience in international regulatory compliance,

18
00:01:53.680 --> 00:01:59.879
customs taxes and logistics, has worked
in manufacturing companies such as Emerson, the

19
00:02:00.000 --> 00:02:07.599
Electric Pistion Automotive and Ford Motor Company, foreign trade service companies and consultancy such

20
00:02:07.680 --> 00:02:15.319
as japey Morgan Chase, now part
of Livingstone, and logistics companies Rider Systems

21
00:02:15.560 --> 00:02:23.639
and baux Global. Chenker didn'
t say it right. Mainly in Mexico,

22
00:02:23.719 --> 00:02:30.080
the United States and Latin America.
He has collaborated with some associations of

23
00:02:30.159 --> 00:02:35.719
maquiladoras and exporters INDIX as part of
customs committees in Chihuahua, Nuevo leon reinosais

24
00:02:35.759 --> 00:02:40.240
Ciudad Juárez. He is currently a
member of the Foreign Trade Compliance Committee at

25
00:02:40.319 --> 00:02:46.919
the Work COMPLICINCE Association Capítulo México.
He is also a member of the Committee

26
00:02:47.000 --> 00:02:55.360
on Exports and Customs Operations at the
Competing Technology Industry and Association in the California

27
00:02:55.400 --> 00:03:00.960
Valley, United States, at cc
licon Valley. Alejandro holds a degree in

28
00:03:00.000 --> 00:03:07.159
administration with a specialty in marketing from
the Chihuahua Institute of Technology, a specialty

29
00:03:07.199 --> 00:03:13.319
in business English from TECH Monterrey,
studies in financial law from the Autonomous University

30
00:03:13.360 --> 00:03:17.719
of Chihuahua and senior management from the
Banking and Commercial School. Well and currently

31
00:03:17.800 --> 00:03:23.360
I am also always taking advantage of
my commercial is a student of the Master

32
00:03:23.400 --> 00:03:27.439
' s Degree in the right to
a duer and foreign trade in traiting the

33
00:03:27.439 --> 00:03:30.039
College Campus Baja California. Well,
well, welcome to Alejandro, you know

34
00:03:30.159 --> 00:03:37.840
you have 45 minutes, fifty minutes
for your presentation and then we move on

35
00:03:37.840 --> 00:03:40.360
to questions and answers. Thank you
very much, scholars, thank you all.

36
00:03:40.520 --> 00:03:46.840
Nice to greet you and see you
again today. We prepare good information

37
00:03:47.080 --> 00:03:55.360
is a lot of information. We
encapsulate it here to give them a perspective

38
00:03:55.439 --> 00:04:00.439
of what we see based on the
information we have received, what we have

39
00:04:00.719 --> 00:04:03.960
to work on every day and what
it has been this year, really this

40
00:04:03.960 --> 00:04:10.719
year, because this one was emerging
from pandemic. We came from many things

41
00:04:10.840 --> 00:04:16.319
and we have some expectations and so
that' s where I want to take

42
00:04:16.319 --> 00:04:23.079
them good. This first of all, we all started by recapitulating how we

43
00:04:23.399 --> 00:04:28.839
left the previous two or three years, not this, towards the end of

44
00:04:29.399 --> 00:04:34.399
two thousand twenty, that as a
result of coming out of the pharon and

45
00:04:34.519 --> 00:04:43.360
the running of the one caused by
the pandemic, from this Sars covid Tos,

46
00:04:43.439 --> 00:04:46.839
because the economy was in a very
complicated situation for all countries. Not

47
00:04:47.000 --> 00:04:51.759
gross domestic product to the economy.
In Latin America, about ten percent fell.

48
00:04:54.160 --> 00:04:57.759
However, countries like Venezuela, as
this was at least thirty percent.

49
00:05:00.759 --> 00:05:11.879
There were in a number of situations
where some industries practically disappeared, new industries

50
00:05:11.920 --> 00:05:19.160
emerged and others re- enacted.
The World Bank set up a four-

51
00:05:21.360 --> 00:05:28.759
axis programme to restore the economy and
restore the good of the Community. First

52
00:05:28.800 --> 00:05:32.160
of all, it was to preserve
life, save lives like going to the

53
00:05:32.160 --> 00:05:36.319
place. Second, it was to
protect the poorest and most vulnerable. It

54
00:05:36.800 --> 00:05:46.639
would then begin to set up a
sustainable plan based on growth and employment.

55
00:05:46.759 --> 00:05:54.560
And the other is a growth in
orderly reconstruction. Billions of dollars were basically

56
00:05:54.560 --> 00:06:02.120
spent, since it is the health
population to attend social emergencies, it was

57
00:06:02.240 --> 00:06:10.199
to attend economic emergencies and start talking
or reviewing long- term goals, restructuring

58
00:06:10.199 --> 00:06:15.600
health systems, human capital and everything
that has to do with the well-

59
00:06:15.920 --> 00:06:20.959
being of the population. He really
wanted to, because the task was very

60
00:06:20.959 --> 00:06:25.240
complex. And that' s how
we started the year two thousand twenty-

61
00:06:25.240 --> 00:06:30.000
three. For the first time in
a long time we did not have a

62
00:06:30.160 --> 00:06:40.360
beginning of year like the one that
was waiting for us, with basically complicated

63
00:06:40.399 --> 00:06:44.839
situations and important challenges in all regions
of the world, here in America,

64
00:06:46.439 --> 00:06:56.639
because we had the United States at
a major risk of falling into economic recession,

65
00:06:57.240 --> 00:07:05.120
because the demand of all customers and
buyers the confidence fell to very low

66
00:07:05.199 --> 00:07:10.279
levels and there was neither to produce
nivine economy. The Government had to help

67
00:07:10.319 --> 00:07:17.160
there with many tax incentive programmes and
economic incentives. There was no trust,

68
00:07:17.319 --> 00:07:20.160
people didn' t want to go
back to work. There were many fears,

69
00:07:20.560 --> 00:07:26.759
many fears and because, as we
know, the United States and Europe

70
00:07:26.759 --> 00:07:32.680
are the great consumers of this planet
in Latin America, because we had one

71
00:07:32.680 --> 00:07:35.959
that was beginning to happen. Or
we were already in fear of an ideological

72
00:07:35.959 --> 00:07:42.199
crisis, a political crisis, because
mainly by actors who were assuming power or

73
00:07:42.199 --> 00:07:47.120
who were at the level in complicated
situations, their images of very worn-

74
00:07:47.199 --> 00:07:55.680
out leadership, by how the health
contingency was avoided, some of them heavily

75
00:07:55.759 --> 00:08:01.240
burdened towards populism, or populism both
right and left, and a series of

76
00:08:01.319 --> 00:08:05.639
complex situations for the region, not, as I mentioned, a fall in

77
00:08:05.000 --> 00:08:11.319
the economy of almost ten percent regional
and in countries up to twenty or thirty

78
00:08:11.399 --> 00:08:18.279
Europe, because it is suffering the
onslaughts and consequences of the war or the

79
00:08:18.360 --> 00:08:22.600
invasion of Urusia, Ukraine, and
this everything that was involved, because the

80
00:08:22.600 --> 00:08:28.519
energy crisis was badistically. China and
the United States, involved in that trade

81
00:08:28.879 --> 00:08:33.879
struggle and China, also collapsing their
economy, for having been in total confinement.

82
00:08:35.759 --> 00:08:37.720
And there for the topic of covid
Not so, this one waited for

83
00:08:37.840 --> 00:08:46.039
us the year in Mexico, because, besides that, at the end of

84
00:08:46.039 --> 00:08:54.639
this year, at the end of
January, the government decides to take out

85
00:08:54.720 --> 00:09:01.120
its master plan of collection and control
focused on several things. It is not

86
00:09:01.120 --> 00:09:07.200
first, as established in its strategy, and to increase and and efficiency of

87
00:09:07.399 --> 00:09:13.080
the collection, to focus on the
big taxpayers, to improve the area of

88
00:09:13.080 --> 00:09:18.519
the coast fiscal, to review the
foreign trade, towards actions of geneticization,

89
00:09:18.879 --> 00:09:26.960
to focus on all the productive sectors
and above all, to manage the compliance,

90
00:09:26.039 --> 00:09:35.799
schemes of evasion, schemes of corruption
and, basically, a strengthening and,

91
00:09:37.759 --> 00:09:39.720
orenti an intensification of those of the
audits. The concepts to review,

92
00:09:39.799 --> 00:09:46.159
therefore, everything related to the tax
on consumption, the tax, the production

93
00:09:46.200 --> 00:09:52.799
of services, all activities in foreign
trade, the verification of compliance with the

94
00:09:52.840 --> 00:10:00.759
certification and IBAEPS and all that are
balances in all the practically electronic, automotive,

95
00:10:01.279 --> 00:10:09.960
electrical, entertainment, construction, trade
sectors, basically all the productive areas

96
00:10:09.159 --> 00:10:20.600
of the country. And there it
was published and we were given the warning

97
00:10:20.639 --> 00:10:28.559
that they came seriously and came with
everything. A few months later and for

98
00:10:30.679 --> 00:10:39.039
September and after the publication of your
indicators, we can confirm that basically your

99
00:10:41.240 --> 00:10:46.639
program was a success. Why.
Because the collection was for control. If

100
00:10:46.720 --> 00:10:50.559
you can see this graph, which
is the first on the top left,

101
00:10:50.600 --> 00:11:00.639
we can disturb that the collection estimates
towards the end of September two thousand twenty

102
00:11:00.639 --> 00:11:05.159
- three. Was it fifty-
two thousand two hundred and twenty- one

103
00:11:05.279 --> 00:11:09.440
million pesos in the same period?
But forgive in euro June in the same

104
00:11:09.480 --> 00:11:13.480
period? But two thousand nineteen the
collection was twenty- four thousand four hundred

105
00:11:13.559 --> 00:11:20.600
thirty- six million, and it
means that in just four years the government

106
00:11:20.639 --> 00:11:28.279
doubled the collection by foreign trade control
acts. It is quite profitable in terms

107
00:11:28.320 --> 00:11:35.679
of the collection efficiency, since of
each weight invested in infrastructure, in acts

108
00:11:35.720 --> 00:11:45.279
of control or in programs of control, intelligence and revisions that the SAT has

109
00:11:45.320 --> 00:11:50.240
been doing has gone from seventy-
three one pesos of return that they had

110
00:11:50.320 --> 00:11:54.639
in two thousand nineteen to two hundred
two. Indeed, the productivity indices that

111
00:11:56.320 --> 00:12:01.919
have been sata have been impressive issues
of regulation and efficiency, as they have

112
00:12:01.440 --> 00:12:05.840
also had an efficiency year by year
of more than two digits. Nothing more

113
00:12:05.840 --> 00:12:09.720
in the area of foreign trade,
for this, from the year twenty-

114
00:12:09.240 --> 00:12:13.440
two thousand twenty- two to two
thousand twenty- three there is an efficiency

115
00:12:13.519 --> 00:12:18.559
of twenty- eight percent and therefore
marginal thirty- nine percent. This in

116
00:12:18.559 --> 00:12:22.840
the last four years, as I
say to you, with one with an

117
00:12:22.000 --> 00:12:26.000
evolution of more than two digits,
a growth of more than two digits.

118
00:12:26.039 --> 00:12:31.279
Not home visits, as well,
foreign trade companies, as they also increased

119
00:12:31.320 --> 00:12:39.200
by 12 percent. And the contributions
to the various taxes, as they have

120
00:12:39.279 --> 00:12:43.039
also not improved much in foreign trade, because there was a variation of one

121
00:12:43.080 --> 00:12:46.000
point, two percent. But,
because it has to do as much with

122
00:12:46.120 --> 00:12:50.840
the east volumes and as with the
contru as with the east. Taxes.

123
00:12:50.519 --> 00:12:58.039
Not the issue of validations and certification
checks of companies and bayebs, as there

124
00:12:58.159 --> 00:13:07.919
have also been a total of 500
reviews here this year. Differences and margins

125
00:13:07.960 --> 00:13:18.039
are also quite large cancellations, as
they went from thirty cancellations of certifications to

126
00:13:18.120 --> 00:13:22.879
forty- seven so far this year. That is, considering that this information

127
00:13:22.399 --> 00:13:30.320
is at the end of the second
quarter of the fiscal year two thousand twenty

128
00:13:30.519 --> 00:13:35.480
- three and based on the SAT
monitoring report, imagine therefore everything that will

129
00:13:35.519 --> 00:13:39.000
change if in that trend, potentially
can double the number of cancellations the number

130
00:13:39.039 --> 00:13:46.200
of requirements, as it also went
up from one hundred and fourteen hundred ninety

131
00:13:46.519 --> 00:13:52.200
- four. Then it has been
very aggressive, but also very successful.

132
00:13:52.759 --> 00:14:00.000
This program, the strategy has worked
wonderfully for them. It is a theme

133
00:14:01.039 --> 00:14:03.679
that, year after year, has
been perfecting, has been learning, has

134
00:14:03.720 --> 00:14:09.840
been evolving. And so, obviously, as far as income tax is concerned,

135
00:14:09.960 --> 00:14:20.240
that the largest contributor or where the
most revenue comes from today, because

136
00:14:20.279 --> 00:14:24.240
that is the manufacturing sector, following, therefore, commercial financial action by major

137
00:14:24.320 --> 00:14:31.159
or large contributors And so, at
the end of professional services, then the

138
00:14:31.200 --> 00:14:35.840
answer is served them. Yes,
that' s the good news for them,

139
00:14:35.120 --> 00:14:39.279
for us if it' s already
served you, because it' s

140
00:14:39.320 --> 00:14:46.279
very likely that you' ve come
to this collection strategy plan, because to

141
00:14:46.279 --> 00:14:56.440
stay and control. Now, in
economic terms, what has happened to the

142
00:14:56.440 --> 00:15:01.159
economy, despite the challenges we faced
as the good year began imports and exports.

143
00:15:05.279 --> 00:15:09.480
In a publication, a report of
the INEGI reports at the end of

144
00:15:09.519 --> 00:15:13.679
September, it is mentioned that for
the first time throughout the year we achieved

145
00:15:13.840 --> 00:15:20.759
a cyprabit among exports and imports.
They have a record figure of exports by

146
00:15:20.879 --> 00:15:26.200
the world of the four hundred and
ninety- five seven hundred and ninety-

147
00:15:26.480 --> 00:15:31.840
four million dollars, against, therefore, imports of five hundred and three that

148
00:15:31.840 --> 00:15:37.879
we had at the end of September. We had there is an important super

149
00:15:39.360 --> 00:15:43.879
habeit and foreign direct investment. It
was another document, another report that came

150
00:15:43.960 --> 00:15:48.679
out by the Secretary of Economy at
the end of September. They estimate that

151
00:15:48.679 --> 00:15:56.559
at the end of the year we
will have a figure of thirty- seven

152
00:15:56.600 --> 00:16:03.200
hundred million and, according to surveys
that the Bank of Mexico makes to the

153
00:16:03.320 --> 00:16:07.360
private initiative, it is expected that
by the same year, there will be

154
00:16:07.360 --> 00:16:12.320
an increase of one billion dollars in
terms of the growth of the economy,

155
00:16:14.559 --> 00:16:18.600
since the International Monetary Fund made estimates
at the beginning of the year, at

156
00:16:18.679 --> 00:16:22.279
the end of last year, of
growth for Mexico of two percent. Today,

157
00:16:22.399 --> 00:16:25.519
the Bank of Mexico’ s estimates
of how we’ re closing this

158
00:16:25.559 --> 00:16:30.679
year are three percent. Private initiative. According to the same bank of Mexico,

159
00:16:30.840 --> 00:16:37.480
three three point two percent of growth
is predicted and the sa predicts that

160
00:16:37.120 --> 00:16:45.200
we would close the year with a
growth of three point five. Actually,

161
00:16:47.159 --> 00:16:51.279
with all this activity and right now, we are going to talk about the

162
00:16:51.320 --> 00:16:53.039
beginning of all this and everything that
is happening today, because it was not

163
00:16:53.559 --> 00:16:57.200
so bad for us, considering that
we had a year full of challenges,

164
00:16:57.919 --> 00:17:06.519
full of certainty and full of complex
and complicated situations, because we have known

165
00:17:06.680 --> 00:17:14.000
how to navigate well and consistently for
the syndile estimates of inflation by the end

166
00:17:14.039 --> 00:17:18.680
of the year the Bank of Mexico, because I told you that we had

167
00:17:18.720 --> 00:17:22.319
an inflation rate of four one by
the way. The ZAT foresees four or

168
00:17:22.400 --> 00:17:29.000
five four point five percent in private
sethera a four. This is the growth

169
00:17:29.119 --> 00:17:36.359
estimates for next year. The International
Monetary Fund gives a little more confidence and

170
00:17:36.759 --> 00:17:41.759
this one foresees that we can grow
forgiveness to a two point four at the

171
00:17:41.799 --> 00:17:45.839
end of this year, and the
Bank of Mexico makes projection based on a

172
00:17:45.880 --> 00:17:51.599
two one, a little more conservative. The SAT, therefore, continues with

173
00:17:51.599 --> 00:17:57.519
that, with that, this inertia, with that positivism that we can achieve

174
00:17:57.519 --> 00:18:02.400
a three point five, the private
initiative, because in a three point two

175
00:18:02.799 --> 00:18:07.920
the inflationary indexes are equal. In
general, less inflation was shown than we

176
00:18:07.039 --> 00:18:15.519
had this year. So, as
we have seen, we came from a

177
00:18:15.720 --> 00:18:22.880
rather uncertain environment, quite complex,
quite complicated. This pandemic, because it

178
00:18:23.000 --> 00:18:29.519
came together, together with the new
administration, the new political regime in which

179
00:18:29.559 --> 00:18:34.880
we are today, there was any
amount of doubt. I say despite everything,

180
00:18:36.279 --> 00:18:42.440
because it was not so bad for
us economically and for the country and

181
00:18:42.440 --> 00:18:48.720
we started the two thousand twenty-
three with certain locales and uncertainty, but

182
00:18:48.759 --> 00:18:49.599
in general, the numbers are good. The performance of the economy has been

183
00:18:49.720 --> 00:18:55.400
good, despite and then to say
in this way, despite the fact that

184
00:18:56.559 --> 00:19:04.920
this government has in its development plan
the subject of international trade. You are

185
00:19:04.960 --> 00:19:08.960
reviewing the document of the National Development
Plan. There is once mention of the

186
00:19:10.000 --> 00:19:15.599
word export and the word international trade, foreign trade. It' s not

187
00:19:15.200 --> 00:19:18.880
coming, it' s not coming, it' s not considered a strategy.

188
00:19:18.920 --> 00:19:26.160
And yet we are moving forward.
Now what awaits us next year in

189
00:19:26.359 --> 00:19:33.599
the global environment. Well, now
we have a lot more variables of many

190
00:19:33.599 --> 00:19:37.680
types, which is what awaits us
in two thousand twenty- four. Or

191
00:19:37.960 --> 00:19:45.960
first of all, because the issue
of the trade conflict between the United States

192
00:19:45.559 --> 00:19:52.880
and China follows one of the questions
you were and change the administration of the

193
00:19:52.880 --> 00:19:59.319
President, of the President of the
Trump the President was going to change or

194
00:19:59.440 --> 00:20:04.559
they were going to remove the sanctions
regime and this tax and that to a

195
00:20:04.599 --> 00:20:07.759
large extent helped us a lot and
it was the beginning of the famous Neve

196
00:20:07.759 --> 00:20:11.319
Shorting. President Vaya has followed that
line and not only has he followed,

197
00:20:11.759 --> 00:20:17.319
but he has tightened the sanctions measures
on the subject of microchips, microprocessors,

198
00:20:18.480 --> 00:20:26.720
the subject of this whole electronic war. I have put many sanctions and regulations

199
00:20:26.759 --> 00:20:34.680
on exports, mainly to China,
but it also includes other countries such as

200
00:20:34.680 --> 00:20:41.640
Russia, Ukraine and so on.
The issue of health contingency, for it

201
00:20:41.680 --> 00:20:48.039
is something that came to stay.
We do not know at what point there

202
00:20:48.279 --> 00:20:56.240
may be another pandemic. There it' s gonna be dormant. We already

203
00:20:56.440 --> 00:21:00.519
live that issue, we already operate
it, but it' s going to

204
00:21:00.519 --> 00:21:02.839
be there and it' s going
to be part of our lives. The

205
00:21:02.920 --> 00:21:10.119
issue of organized crime worldwide, as
it is a rather growing concern. It

206
00:21:10.240 --> 00:21:12.559
doesn' t matter what region of
the world we' re going to.

207
00:21:14.440 --> 00:21:21.000
We' re going to have concerns
about terrorism issues, organized crime issues,

208
00:21:21.279 --> 00:21:27.559
drug trafficking, illegal trafficking issues.
Today we are going to see you a

209
00:21:29.680 --> 00:21:34.680
little more agenda or list of concerns
for the supply chain and now we have

210
00:21:34.839 --> 00:21:41.119
another new concern. We started the
year with the war Russia Ukraine. Russia

211
00:21:41.160 --> 00:21:49.119
' s invasion of Ukraine seemed,
as Vladimirpoting called it at the time,

212
00:21:49.559 --> 00:21:56.839
to be a military exercise and because
we have been going through the year and

213
00:21:57.160 --> 00:22:04.400
this truth not for a few weeks
ago we started with the conflicts in the

214
00:22:04.400 --> 00:22:10.920
Middle East, in Israel, right
now, there is an apparent truce to

215
00:22:10.920 --> 00:22:15.559
return hostages and all this. However, Israel is determined to leave with everything

216
00:22:15.680 --> 00:22:25.599
in this conflict, which can have
a major complicated escalation. Trade sanctions are

217
00:22:25.759 --> 00:22:30.359
something. It is a regime the
Gemen sansonse has always existed in geopolitics and

218
00:22:30.440 --> 00:22:37.839
in international economy, but they have
shown great success. And so it is

219
00:22:40.759 --> 00:22:48.720
precisely the European Community that launched an
important sanctions package in the middle of the

220
00:22:48.920 --> 00:22:53.440
year against products of Russian origin,
initially. Initially because it is a package

221
00:22:53.519 --> 00:23:00.519
of several these types of products oriented
towards the production has ons, steel products,

222
00:23:00.279 --> 00:23:10.759
metals and iron in general, putting
a blockade on them how it impacts

223
00:23:10.799 --> 00:23:15.519
us, because it impacts us in
an impressive way to all those that we

224
00:23:15.599 --> 00:23:22.400
have export or business in Europe,
because the problem with the sanctions on a

225
00:23:22.480 --> 00:23:26.119
global level and this type of sanctions
of blockade is that we have to show

226
00:23:26.160 --> 00:23:37.319
that what we sell does not have
incorporated in their material processes of the country

227
00:23:37.319 --> 00:23:38.960
in question and particularly of Europe,
because we have a situation. Europe as

228
00:23:40.000 --> 00:23:45.400
an economic community imposes sanctions, but
the application of the same country by country,

229
00:23:45.839 --> 00:23:51.839
customs by customs, entity by entity, changes greatly. So, if

230
00:23:52.279 --> 00:23:56.319
today we have exports to Germany,
but also to Portugal, but also Italy,

231
00:23:56.839 --> 00:24:02.920
it is very likely that the same
sanction will affect us, but the

232
00:24:03.000 --> 00:24:06.960
application will be different. The requirements
are different and that makes foreign trade more

233
00:24:06.960 --> 00:24:14.839
complicated. On the other hand,
we have the fight or war against the

234
00:24:15.279 --> 00:24:22.400
front in America and a very important
crisis talking about opioids, against cocaine use

235
00:24:22.440 --> 00:24:33.039
in Central Europe. This has quite
strong logistical implications. It has applications for

236
00:24:33.079 --> 00:24:40.359
our country and for Latin America and
for North Africa, complicated on security issues,

237
00:24:40.480 --> 00:24:44.920
on economic issues, on issues of
possible sanctions and blockades. And,

238
00:24:44.960 --> 00:24:49.720
most importantly, the humanitarian health crisis
that this leads to all the deaths by

239
00:24:49.759 --> 00:25:02.119
people who consume these patients and everything
that is around organized crime. Another no

240
00:25:02.799 --> 00:25:07.079
minor issue is elections. Right now, let' s see a section of

241
00:25:07.119 --> 00:25:14.960
all the countries that in two thousand
twenty- four enter elections or have important

242
00:25:14.960 --> 00:25:19.400
elections. Climate change issues. We' ve already seen what happened in Cancún,

243
00:25:19.759 --> 00:25:27.240
a pressing thing about not being thought
of as a tropical storm, about

244
00:25:27.319 --> 00:25:33.400
the time it became or category five. We see drought crises. I don

245
00:25:33.680 --> 00:25:37.039
' t rain where it used to
rain and it rains where it rains before

246
00:25:37.039 --> 00:25:38.240
it rains. We need to see
how it' s coming this winter.

247
00:25:40.039 --> 00:25:45.000
These are issues that will affect the
world economy. The arrival of artificial intelligence,

248
00:25:45.559 --> 00:25:52.359
because it is another issue of concern, because it has to be regulated

249
00:25:52.440 --> 00:26:00.000
and it has to be maintained as
a tool than those that the population,

250
00:26:00.200 --> 00:26:04.359
that humans can use for the benefit
of us and that we do not lose

251
00:26:04.359 --> 00:26:11.599
control. The concern remains that the
world economy will fall into recession for all

252
00:26:11.839 --> 00:26:18.400
of these or for any of these
different factors that come under control and say,

253
00:26:18.640 --> 00:26:26.240
the humanitarian crises we have around the
world. The issue of migrants was

254
00:26:26.000 --> 00:26:30.839
seen reading a document and to make
this presentation of the ono where it says

255
00:26:30.960 --> 00:26:38.799
that around the world there are an
estimated six point five million people suffering complex

256
00:26:40.480 --> 00:26:52.000
and complicated situations due to immigration issues, whether they are migrating or leaving their

257
00:26:52.599 --> 00:26:57.319
countries from homes because of a war
conflict, as was every placer of the

258
00:26:57.400 --> 00:27:03.720
migration that has occurred from the invasion
Ukraine, the whole issue of the Middle

259
00:27:03.920 --> 00:27:11.640
East, to escape from regimes of
totalitarian governments, monarchies, lack of opportunities.

260
00:27:17.880 --> 00:27:22.799
All this collapses the trade all the
situation that we are dividing on the

261
00:27:22.799 --> 00:27:26.720
border to the north of the country, since it is not a minor issue

262
00:27:26.799 --> 00:27:32.920
like what we live in Laredo,
city in Juárez, a few weeks ago

263
00:27:33.119 --> 00:27:41.160
that practically stopped customs and brought important
problems to the economy. And we see

264
00:27:41.200 --> 00:27:45.720
that there is migration in all parts
of the world and the strongest, because

265
00:27:45.799 --> 00:27:53.240
obviously they are Europe because of all
the migration of people that comes basically from

266
00:27:53.920 --> 00:28:03.720
North Africa and Asia, China,
Taiwan, East, some regions of Korea,

267
00:28:06.599 --> 00:28:15.799
even the Philippines, that are looking
for better opportunities in Europe and that

268
00:28:15.920 --> 00:28:23.440
are collapsing or creating problems in countries, countries like Sweden, by countries like

269
00:28:23.519 --> 00:28:30.079
Germany, like Spain, France,
that have historically been very receptive, very

270
00:28:30.119 --> 00:28:37.960
open and very humanitarian when receiving migrants, because today they are being reduced.

271
00:28:37.680 --> 00:28:42.400
Besides this, there are other kinds
of social problems that come, that come

272
00:28:42.480 --> 00:28:49.279
together. Unfortunately, not all migration
comes looking for opportunities. That' s

273
00:28:49.359 --> 00:28:56.319
where we saw that they' re
going to commit crime or they' re

274
00:28:56.519 --> 00:28:57.240
organized crime gang parks, and the
same thing happens in Mexico. A terrible

275
00:28:59.079 --> 00:29:04.400
subject, very complex to solve and, unfortunately, it is almost from there,

276
00:29:06.680 --> 00:29:14.799
since the beginning of humanity. So
if you can see the board of

277
00:29:14.839 --> 00:29:21.799
variables factors that threaten or put global
trade at risk, to international trade this

278
00:29:21.880 --> 00:29:27.720
year, because it really is much
broader than how we started the two thousand

279
00:29:27.720 --> 00:29:37.680
twenty- three and well, a
not minor issue because it is the relationship

280
00:29:37.720 --> 00:29:42.200
between the United States and China.
There are things that confront them, but

281
00:29:42.240 --> 00:29:45.240
there are things that unite them what
things confront them? Well, we already

282
00:29:45.279 --> 00:29:51.480
know everything starts with the issue of
commercial war, by having the community and

283
00:29:51.720 --> 00:29:56.799
the control of the production of chips, microchips, semiconductors, that in my

284
00:29:56.839 --> 00:30:00.839
intervention a couple of months ago we
talked about this, geopolitics and why all

285
00:30:00.880 --> 00:30:07.240
this is important. Then it is
more and nothing less than what is based

286
00:30:07.319 --> 00:30:14.079
or the foundation of engineering of all
that is artificial intelligence. All chips,

287
00:30:14.839 --> 00:30:21.160
semiconductors, all microprocessors, all these
are basically the souls and brains of computers

288
00:30:21.200 --> 00:30:30.039
and supercomputers. Whoever wins this war, because he wins everything, because one

289
00:30:30.200 --> 00:30:34.799
issue of confrontation is Russia' s
alliance with China, not openly, but

290
00:30:34.880 --> 00:30:45.559
it is well known that the Prime
Minister of China does not sympathize enough with

291
00:30:45.319 --> 00:30:52.400
bladiamerputing and the Taiwan conflict. Conflict
Taiwan has very important nuances, because Taiwan

292
00:30:52.599 --> 00:31:00.400
is a key part in the production
of chips, microprocessors and semiconductors. Historically,

293
00:31:00.440 --> 00:31:07.079
therefore, there has been an intention
of China to annex it within its

294
00:31:07.160 --> 00:31:12.400
colonies and Taiwan, for it has
been resisting and to this day, as

295
00:31:12.400 --> 00:31:18.480
it is a free country, and
trade sanctions, however, also have things

296
00:31:18.519 --> 00:31:22.319
in common. They' ve got
things that bring them together. One of

297
00:31:22.359 --> 00:31:27.599
these. From the last Asia Pacific
Summit in California, the bases for what

298
00:31:29.240 --> 00:31:33.240
is the military creation channel, all
arms control, all weapons and weapons of

299
00:31:33.240 --> 00:31:41.079
mass destruction were restored. All these
agreements were resumed. They had broken up

300
00:31:41.119 --> 00:31:48.799
a few months ago with the visit
of the United States Secretariat of State to

301
00:31:48.799 --> 00:31:53.000
Taiwan, precisely because the Chinese Government
took it as a provocation. And so

302
00:31:53.039 --> 00:31:57.799
this was taken up again. They
took there for those express the regulation on

303
00:31:59.160 --> 00:32:02.880
my global on the issue of artificial
intelligence. A few weeks ago there was

304
00:32:02.920 --> 00:32:12.160
also an international summit precisely where we
talked about how to regulate and how to

305
00:32:12.960 --> 00:32:15.640
control artificial intelligence by understanding it as
a risk and to the population. No.

306
00:32:15.920 --> 00:32:22.359
It was then the first time in
many months that China and the United

307
00:32:22.400 --> 00:32:27.440
States had sat down to discuss a
common theme. Another, for it is

308
00:32:27.440 --> 00:32:31.000
war than the front line. Over
there. Many columnists say that along with

309
00:32:31.079 --> 00:32:36.680
this summit that there was Asia Pacific, there was the famous Fantanyl Summit,

310
00:32:36.839 --> 00:32:42.440
not this meeting that President Baden and
President Himny Ping had to talk about how

311
00:32:43.119 --> 00:32:51.079
to stop the flow of chemical precursors
and some other elements from China to Mexico,

312
00:32:52.039 --> 00:32:57.240
because let' s say, because
the opposite Nihilo, many procursors are

313
00:32:57.240 --> 00:33:02.000
even legal, the pharmaceutical industry is
used for your medicines reach Mexico and so,

314
00:33:04.359 --> 00:33:08.319
there are quite located laboratories of production
of people by thread in several states

315
00:33:08.359 --> 00:33:17.319
of the country. Many of these
have been deactivated and basically, because it

316
00:33:17.359 --> 00:33:24.440
was a call from the President of
the United States to tell China we need

317
00:33:24.519 --> 00:33:30.640
cooperation help, because no one cares
or serves us that our people begin to

318
00:33:30.640 --> 00:33:34.160
die because of aste. No,
we can' t get out of control

319
00:33:34.519 --> 00:33:37.720
Two main issues. Drugs, opioids, mainly in front of thread and second,

320
00:33:38.279 --> 00:33:45.039
artificial intelligence, are real and strong
threats to the population. And another,

321
00:33:45.319 --> 00:33:51.599
because it is a talk with a
view to starting to work together on

322
00:33:51.680 --> 00:33:57.400
strategies for health contingencies problems. In
this there is a change of 180 degrees

323
00:33:57.440 --> 00:34:05.119
against the stance of President Trump.
They remember when the issue of the pandemic

324
00:34:05.119 --> 00:34:08.320
came up, of the health emergency
for covid because what President Trump did first

325
00:34:08.360 --> 00:34:14.800
was to blame China. It would
appear months after we learned many things,

326
00:34:15.360 --> 00:34:20.719
which we understood a lot, because
there is a desire to start cooperating on

327
00:34:21.280 --> 00:34:24.960
scientific collaboration and to see how we
can protect ourselves. So it' s

328
00:34:25.159 --> 00:34:29.360
a relationship and I put it here
to illustrate it as a puzzle, because

329
00:34:29.400 --> 00:34:34.119
it' s certainly very complicated and
has many, many points, but Mexico

330
00:34:34.159 --> 00:34:37.119
is in the middle of all this. In the fight against Nile, Mexico

331
00:34:37.119 --> 00:34:42.000
is involved, because of the issue
of drug trafficking, because our government has

332
00:34:42.400 --> 00:34:49.320
not been efficient in controlling this situation. On the issue of the semiconductor struggle,

333
00:34:49.440 --> 00:34:52.760
Mexico can also benefit and is involved. And on the subject of sanctions

334
00:34:52.800 --> 00:34:57.199
as well. So, that medium, this whole thing is in Mexico.

335
00:34:57.840 --> 00:35:00.599
And anything that happens between these donations, between these two leaders, affects us

336
00:35:00.639 --> 00:35:07.880
or directly benefits us next point,
as the elections are geopolitical in what happens

337
00:35:07.960 --> 00:35:13.679
in the world. Good this year. This year there will be elections in

338
00:35:13.760 --> 00:35:16.679
seventy- six countries of the world. Look at one thing if, according

339
00:35:16.679 --> 00:35:22.199
to no one hundred and ninety-
five countries are registered. Seventy- six

340
00:35:22.239 --> 00:35:27.119
countries, as they are about thirty
percent of countries. However, in the

341
00:35:27.159 --> 00:35:32.639
population, it is enough for the
population to vote to cast a vote.

342
00:35:32.679 --> 00:35:38.519
It represents something like four billion people. Fifty- one percent of the world

343
00:35:38.599 --> 00:35:45.880
' s population is going to cast
a vote in this in this two thousand

344
00:35:45.880 --> 00:35:50.320
twenty- four, the eight most
populous countries in the world, which are

345
00:35:50.400 --> 00:35:54.320
India, the United States, Indonesia, Pakistan, Brazil, Bangladesh, Russia

346
00:35:54.880 --> 00:35:59.760
and Mexico, are going to enter
elections, elections that can be national,

347
00:35:59.840 --> 00:36:05.079
presidential, chamber, parliamentary or even
local. And here in the most interesting

348
00:36:05.159 --> 00:36:07.000
piece of information about me, it
was the one that drew my attention.

349
00:36:07.000 --> 00:36:14.519
Fifty- six percent of the domestic
product, a global gross. This is

350
00:36:14.559 --> 00:36:16.920
going to be at stake in an
election. Look at the transcendent. What

351
00:36:16.960 --> 00:36:22.400
is this for international trade purposes.
Fifty more than half of the world'

352
00:36:22.480 --> 00:36:24.880
s economy is going to change hands, because politics that' s not that

353
00:36:25.119 --> 00:36:29.599
night of powers to see who manages
best and where it' s going to

354
00:36:30.280 --> 00:36:32.519
change hands for the better. They' re going to follow the same political

355
00:36:32.559 --> 00:36:36.239
party, in the same ideology,
in it but it' s going to

356
00:36:36.239 --> 00:36:39.280
change hands. That' s super
transcendent. And besides, we have four

357
00:36:39.320 --> 00:36:45.599
very important points. The United States
is the most powerful country on the planet

358
00:36:45.639 --> 00:36:52.679
and still very little, but the
strongest economy in this world is going to

359
00:36:52.679 --> 00:37:00.000
change its President. And it'
s super relevant because only, because there

360
00:37:00.079 --> 00:37:02.920
are two, is President Baiden'
s re- election and President Trump'

361
00:37:02.920 --> 00:37:07.119
s re- election. And because
this has created an atmosphere of polarization,

362
00:37:07.360 --> 00:37:15.480
an atmosphere of struggle among the population, because they are very different political visions

363
00:37:15.480 --> 00:37:21.280
and that can change the course of
many things. We saw that before we

364
00:37:21.320 --> 00:37:27.599
got to President Bairen, we didn' t have that crisis and that problem

365
00:37:27.679 --> 00:37:32.960
we had with Russia. It is
said and in another speech that I had

366
00:37:34.039 --> 00:37:40.960
the comment that I read an article
that President Trump' s enemy is China,

367
00:37:42.280 --> 00:37:45.880
the friend President valent Es Rucia.
What was the difference between these two,

368
00:37:45.920 --> 00:37:52.880
that one competition is economic and the
other is ideological. So for us,

369
00:37:52.920 --> 00:37:59.519
for Mexico, there are also differences
between one winning another Mexico, because

370
00:38:00.519 --> 00:38:04.360
Mexico is the second largest economy in
all of Latin America, after Brazil.

371
00:38:06.239 --> 00:38:09.440
We' re America' s main
trading partner. Look at the relevance of

372
00:38:09.440 --> 00:38:17.599
this. America is practically going to
change its President and we are among the

373
00:38:17.679 --> 00:38:22.519
most important trading partners in China.
For everything we have been bringing from technology

374
00:38:22.760 --> 00:38:28.880
transparency, from net shopping and all
this in Europe is going to change your

375
00:38:28.880 --> 00:38:34.840
Parliament. They will enter elections after
the pandemic, after much polarization and many

376
00:38:34.960 --> 00:38:43.400
discussions on various issues, mainly what
position to take in the face of Russia

377
00:38:43.880 --> 00:38:49.760
' s invasion of Ukraine and what
political and financial costs it has brought to

378
00:38:50.400 --> 00:39:00.800
Europe, also issues of migration,
of humanitarian aid to other countries, of

379
00:39:00.960 --> 00:39:13.320
collaboration and, of course, of
economic crisis. And so Taiwan that,

380
00:39:13.360 --> 00:39:16.840
as I had told them, Taiwans
key piece in the war of chips and

381
00:39:16.840 --> 00:39:22.079
microchips as doctors are going to change
president. And here, obviously, what

382
00:39:22.079 --> 00:39:29.159
I have read is that the position
or political party in power sympathizes in some

383
00:39:29.239 --> 00:39:35.960
way more with the United States and, what is the position, sympathizes more

384
00:39:36.079 --> 00:39:45.719
with China. Then the world is
completely divided. Now we have seen recent

385
00:39:45.480 --> 00:39:52.400
changes in governments, from totally contrary
regimes, which we have just seen in

386
00:39:52.480 --> 00:40:00.000
Argentina from a left- wing regime
to an ultra- right regime, which

387
00:40:00.039 --> 00:40:05.639
also happened in the Netherlands. What
happens to this and why it' s

388
00:40:05.719 --> 00:40:10.119
not good, regardless of whether we
agree with the regimes from left to right,

389
00:40:10.719 --> 00:40:22.599
however this gives politics a total turnaround. When a regime change or a

390
00:40:22.800 --> 00:40:28.360
President Wilder who corresponds to a different
regime than he was, he has to

391
00:40:28.400 --> 00:40:32.760
take other actions to legitimize himself.
Not and not necessarily. That' s

392
00:40:32.800 --> 00:40:42.440
what the population needs. They are
precisely in destroying what was already there and

393
00:40:42.519 --> 00:40:46.159
building to prove that that is better. So it is a very complex,

394
00:40:46.239 --> 00:40:51.760
very complicated environment, with all the
problems on the world agenda, having the

395
00:40:51.880 --> 00:40:57.119
fact of having half of the economy
at stake and half of the game of

396
00:40:57.280 --> 00:41:06.039
economy and power in elections, because
it will be a fairly interesting and quite

397
00:41:06.679 --> 00:41:19.000
complex year in some regions and,
obviously, the international economy and trade and

398
00:41:19.280 --> 00:41:32.719
foreign trade will obviously be affected by
issues of insecurity or regional risks. The

399
00:41:32.760 --> 00:41:40.159
Inter- American Committee to Fight Terrorism
here in Latin America defined this year its

400
00:41:40.239 --> 00:41:47.679
list of main threats and vulnerabilities.
What Hike is hurting the Latin American region

401
00:41:47.960 --> 00:41:52.880
on security issues and listed as follows: The vulnerability and threat to security today

402
00:41:52.920 --> 00:42:05.519
is drug trafficking. Drug trafficking.
I was struck by a lot of attention

403
00:42:05.639 --> 00:42:10.400
and had the opportunity to attend a
national security workshop that the supplies that was

404
00:42:10.400 --> 00:42:15.440
in Mexico City a couple of months
ago organized by the NAM, by the

405
00:42:15.440 --> 00:42:20.599
SAT and by several security agencies in
channels or ministers, precisely the Inter-

406
00:42:20.679 --> 00:42:28.880
American Committee against Terrorism and one thing
was talked about that the truth did surprise

407
00:42:28.960 --> 00:42:34.519
me and said today all the agendas
of all sectors of society are dictated by

408
00:42:34.519 --> 00:42:40.840
organized crime and make the analogy that
of some form of our lives that were

409
00:42:40.880 --> 00:42:52.000
dictated by that not. Today we
live in developments, in private divisions,

410
00:42:52.639 --> 00:42:59.960
with security security issues. The issue
of CITYPD, of certification noa, has

411
00:43:00.599 --> 00:43:05.639
precisely an answer, a question of
security. We don' t go out

412
00:43:05.639 --> 00:43:08.679
at night. We try not to
go to such or good places because of

413
00:43:08.719 --> 00:43:15.119
security issues. Too bad. Unfortunately, I believe that all of us,

414
00:43:15.719 --> 00:43:22.800
to some extent, have been victims
of crime on any side of it and

415
00:43:22.800 --> 00:43:29.679
of what we are seeing, whether
they have threatened us, who have extorted

416
00:43:29.800 --> 00:43:36.480
us or who have extorted us,
who have robbed us. All of us

417
00:43:36.519 --> 00:43:39.000
at some point in life have been
victims of eloquence. And this is not

418
00:43:39.039 --> 00:43:45.039
a minor issue. So, the
security schedule and the supply give establishes this.

419
00:43:47.639 --> 00:43:53.440
Drug trafficking and arms trafficking as the
two main concerns. Then the piratery

420
00:43:53.480 --> 00:44:04.360
and the crime of extortion trafficking and
human trafficking. Obviously, it is a

421
00:44:04.519 --> 00:44:14.440
very unfortunate or unfortunate consequence of all
this migration across countries. The hijacking and

422
00:44:14.559 --> 00:44:19.800
some two new, good not new, or that are gaining a lot of

423
00:44:19.880 --> 00:44:28.719
ground that is to use Latin America, obviously, by all that manufacturing and

424
00:44:29.639 --> 00:44:35.639
production capacity in proliferation weapons, of
weapons of mass destruction through the famous goods

425
00:44:36.239 --> 00:44:45.159
of dual use pieces, subassembles goods
that can be used for a lathe,

426
00:44:45.559 --> 00:44:52.079
can also be used for the manufacture
of a cannon. What he said about

427
00:44:52.159 --> 00:45:00.440
chemicals for certain medicines, which can
be used as drug agents and the crime

428
00:45:00.519 --> 00:45:07.880
of money laundering or money laundering or
tax evasion, for the purpose of simulating

429
00:45:07.360 --> 00:45:19.920
acts and money laundering. That'
s the whole picture we live in today,

430
00:45:20.079 --> 00:45:24.920
and that' s another variable that' s more than what to take

431
00:45:24.920 --> 00:45:28.519
care of and that directly affects foreign
trade. What else, then, well,

432
00:45:28.599 --> 00:45:31.440
we have the near Shorting, the
Ishorlings. Talked a lot. I

433
00:45:31.480 --> 00:45:37.639
believe that we have all attended seminars, attended together, finished sides, because

434
00:45:37.679 --> 00:45:43.400
nir Shorreng is one of the wonderful
things that happen to the country. It

435
00:45:43.400 --> 00:45:45.800
has been called for Mexico, as
it is in the right place at the

436
00:45:45.880 --> 00:45:54.480
right time. Basically it has to
do with many many coming industry. I

437
00:45:54.559 --> 00:45:59.119
am another new one, the Ne
Shorring, who sees a lot of attention

438
00:45:59.199 --> 00:46:04.440
being given in big cities in Mexico
City, mainly Guarajara, Monterrey, which

439
00:46:04.480 --> 00:46:07.960
has to do with the newer shorring
intellectual, companies that either have operation in

440
00:46:07.960 --> 00:46:15.119
Mexico, and mainly the inditovisual industry, of the creative industry, that are

441
00:46:15.119 --> 00:46:22.119
establishing themselves here to develop, to
hire creative engineers and that from here they

442
00:46:22.119 --> 00:46:30.239
manage advertising campaigns, they manage them
call centers, they manage applications and they

443
00:46:30.360 --> 00:46:36.400
are looking for talents here in Mexico, they are bilingual, they have a

444
00:46:36.400 --> 00:46:40.599
good level of education and they serve
them. This neer shorring doesn' t

445
00:46:42.440 --> 00:46:45.280
look like we have it in the
maquiladoras, in the manufacturing industry, but

446
00:46:45.320 --> 00:46:51.719
it' s a reality today.
The challenges we face in Mexico are mainly

447
00:46:51.880 --> 00:46:57.280
infrastructure, not ports, airports,
roads with water activity, water for human

448
00:46:57.679 --> 00:47:04.360
consumption. This is how we'
re going to do it and that'

449
00:47:05.000 --> 00:47:09.960
s why today was also my comment
even though we didn' t have an

450
00:47:10.000 --> 00:47:15.400
industrial strategy, an industry, a
foreign trade strategy in Mexico, because it

451
00:47:15.400 --> 00:47:22.800
' s been in the right place
right now, because all that avalanche of

452
00:47:22.800 --> 00:47:24.360
new businesses has arrived in the country. But the big challenge we have is

453
00:47:24.519 --> 00:47:30.920
how we' re going to generate
energy if we don' t have a

454
00:47:30.920 --> 00:47:34.280
clean energy strategy. We don'
t have blackouts. The generation of energy

455
00:47:34.360 --> 00:47:39.199
through the CFE, because it is
two hundred percent more expensive than what legal

456
00:47:39.239 --> 00:47:45.559
certainty is being used, because real
estate law, because in order to run

457
00:47:45.599 --> 00:47:52.320
out of industrial parks, is scarce, the fair fiscal policy that, although

458
00:47:52.400 --> 00:47:57.360
it is a great opportunity, as
we were seen, so that for the

459
00:47:57.440 --> 00:48:01.039
Ministry of Finance and the Government to
make resources, how do we do so

460
00:48:01.159 --> 00:48:07.920
that those resources are used minne so
that we do not start to about controlling

461
00:48:07.000 --> 00:48:12.280
the companies to such an extent that
they said to leave that, in a

462
00:48:12.440 --> 00:48:14.159
few words, we do not kill
them in golden eggs. The education system,

463
00:48:14.679 --> 00:48:19.039
what happened with the new Mexican School
leaves aside many important issues, subjects

464
00:48:19.119 --> 00:48:27.000
of English management, mathematics, many
that eventually go to this generation that already

465
00:48:27.440 --> 00:48:31.119
came from the pandemic, with some
delay disconnection, because we have a risk

466
00:48:31.280 --> 00:48:40.239
that a generation will lose efficiency in
productivity and the issue of security. Today

467
00:48:40.280 --> 00:48:44.239
we' re going to see some
figures of how much security costs Mexico.

468
00:48:45.840 --> 00:48:51.400
Another less issue, what makes them
the least, is the labor reform in

469
00:48:51.400 --> 00:48:53.679
Mexico. Why I want to talk
to you about labor reform, because it

470
00:48:53.760 --> 00:48:58.239
will eventually affect us in logistics and
international trade. What it' s about.

471
00:48:59.079 --> 00:49:02.239
Well, it all started or the
one we all bring into mind,

472
00:49:02.599 --> 00:49:08.280
because it' s outsourcing. It
is that the spirit of having these reforms

473
00:49:08.320 --> 00:49:14.760
is to ensure better conditions for the
collaborators, that they are seen more by

474
00:49:14.840 --> 00:49:19.880
them, that they have more space, quality time and that we have international

475
00:49:20.079 --> 00:49:24.320
competitiveness, that we have more vacation
days, that we have things that the

476
00:49:25.039 --> 00:49:30.800
workers have internationally. And so outsourcing
was one of them. Much was found

477
00:49:30.800 --> 00:49:36.760
and if there were companies where employees
were hired to work in the same worker,

478
00:49:37.239 --> 00:49:40.400
even at the level of stress,
but with less different working conditions.

479
00:49:42.320 --> 00:49:46.760
There are currently some 500 initiatives in
the chambers of senators' deputies in the

480
00:49:46.960 --> 00:49:53.760
area of social and labour security for
changes and evolution, and not to treasure

481
00:49:54.079 --> 00:49:58.559
a data for almost fifty years that
were not touched and that there were reforms

482
00:50:00.079 --> 00:50:05.880
to labor and social security rotation in
Mexico. What are the four main ones

483
00:50:05.559 --> 00:50:07.719
that are to come or that are
already almost a fact, since the main

484
00:50:07.800 --> 00:50:10.320
one in which the most is spoken
is the reduction of the working time.

485
00:50:13.000 --> 00:50:17.079
Much is said that Mexico is the
country according to the or of the bass

486
00:50:17.199 --> 00:50:22.320
that works the most hours, but
it is not the most, the most

487
00:50:22.519 --> 00:50:28.119
eastern, the most efficient. So
according to these data and estimates between the

488
00:50:28.199 --> 00:50:31.039
AUTE and the International Fund of Manners, the countries that have the best productivity

489
00:50:31.000 --> 00:50:34.400
have to work at an average of
thirty- six to forty hours a week.

490
00:50:35.280 --> 00:50:37.960
It means that we have to make
a lot of progress in working culture.

491
00:50:37.000 --> 00:50:40.280
It doesn' t mean that working
more is working better. This one

492
00:50:40.320 --> 00:50:45.440
I think is excellent, which is
the older adults. This initiative is focused

493
00:50:45.599 --> 00:50:51.719
on ensuring that all companies in Mexico
have or ensure that at least five percent

494
00:50:51.840 --> 00:50:55.519
of their workforce includes adults over 60
years of age. That is, this

495
00:50:55.559 --> 00:51:00.400
is a wonder of dignified vacation,
as they are the increase of the holiday

496
00:51:00.480 --> 00:51:04.119
premium and the number of ten or
holidays. The worthy aguinaldo that goes from

497
00:51:04.199 --> 00:51:09.039
fifteen days to thirty days, that
this is a problem on several sides.

498
00:51:09.800 --> 00:51:16.639
Practically who would gain more x the
government, because it increases payroll control,

499
00:51:16.800 --> 00:51:22.840
the employer has to pay more and
the employee, of course, its deduction

500
00:51:22.920 --> 00:51:30.400
in greater. There are not the
biggest companies today do not offer an aguinaldo

501
00:51:30.400 --> 00:51:34.599
of more than fifteen days, twenty
days, thirty days. But only you

502
00:51:34.760 --> 00:51:38.280
get a cup or a 15-
day check on this one if you get

503
00:51:38.360 --> 00:51:43.400
30 days of leginaldo, especially if
you' re going to be taxed.

504
00:51:43.800 --> 00:51:47.199
Teleworking, as it is another that
involves additional benefits for the employer in matters

505
00:51:47.320 --> 00:51:53.679
of Internet payment. Encina, because
this is important because eventually our operations are

506
00:51:53.679 --> 00:51:58.880
going to be more expensive. Eventually
one day our anal people will come to

507
00:51:59.000 --> 00:52:04.480
tell us I can no longer work
six days a week. So I have

508
00:52:04.679 --> 00:52:07.840
to work five and the sixth we
have to pay for extra time because it

509
00:52:07.880 --> 00:52:12.639
' s going to load it to
you and the carrier is going to tell

510
00:52:12.840 --> 00:52:15.599
us that it' s going to
be more expensive Or, because it'

511
00:52:15.639 --> 00:52:21.000
s not going to be able to
help us on Saturdays anymore, because it

512
00:52:21.639 --> 00:52:22.239
' s going to close our virtual
supplier is our supplier in Mexico. He

513
00:52:22.320 --> 00:52:24.159
' s gonna tell us two things. Either I don' t produce you

514
00:52:24.239 --> 00:52:29.519
that day or it' s going
to be more expensive for you to produce

515
00:52:29.559 --> 00:52:30.599
all this Where it' s going
to lead to an increase in inflation.

516
00:52:30.119 --> 00:52:36.960
So what we should be watching right
now from foreign trade all these areas,

517
00:52:37.360 --> 00:52:39.159
see what' s going on,
because eventually it' s going to affect

518
00:52:39.159 --> 00:52:45.519
us. Just as outsourcing impacted all
those companies, especially the large manufacturing companies

519
00:52:45.519 --> 00:52:50.760
that always had inside the Banal agency
and the staff, doing the experiments inside

520
00:52:50.760 --> 00:52:54.800
the Fred Foster, carrying the logistics, inside the storekeeper, but they didn

521
00:52:54.840 --> 00:52:59.360
' t pay for it, but
the company paid for it. And now

522
00:52:59.480 --> 00:53:04.360
he had to check that payroll.
Well, and all this, because it

523
00:53:04.519 --> 00:53:09.800
' s still going to impact.
Not now. With all this and considering

524
00:53:09.840 --> 00:53:16.280
that we are facing an end to
Sexenius, there may be an economic crisis

525
00:53:16.320 --> 00:53:21.320
at the end of Sexenius. We
who are of a certain age, about

526
00:53:22.320 --> 00:53:25.239
and we grew up in the eighties
in the seventies. Thus, we grew

527
00:53:25.239 --> 00:53:29.639
up in a shadow of a hegemonic
party, which was the PRI with a

528
00:53:29.760 --> 00:53:34.519
centralism and with and with one and
with one and with a very similar form

529
00:53:34.559 --> 00:53:40.159
to how power is exercised today.
And so it was, it was all

530
00:53:40.320 --> 00:53:44.559
known that every one who changed a
President, because it was a big crisis.

531
00:53:44.679 --> 00:53:47.400
The dollar was skyrocketing, food was
scarce, inflation would be up and

532
00:53:47.480 --> 00:53:52.599
this, and so stories of terror, the crisis the energy of the seventies,

533
00:53:53.239 --> 00:53:57.639
with President López Portillo, this with
Miguel de Madrid of nine hundred eighty

534
00:53:57.920 --> 00:54:02.360
- two. At the same time, the change from the President of Salinas

535
00:54:02.679 --> 00:54:09.719
de Gortari to the President of Doctor
Cedillo, where, therefore, the economy

536
00:54:09.760 --> 00:54:15.920
collapsed and since the change of President
Fox to Acá, we had been living

537
00:54:15.920 --> 00:54:22.000
a relative calm. Then all these
things lead us to think. Something can

538
00:54:22.039 --> 00:54:27.440
happen, because there is no risk. Fortunately, I think I was listening

539
00:54:27.480 --> 00:54:35.199
there, seeing myself documenting, because
there are no elements to consider an economic

540
00:54:35.280 --> 00:54:39.239
crisis, because there is confidence in
the country, therefore for the productive sectors

541
00:54:39.320 --> 00:54:43.760
of our country and for its foreign
investors. The theme of New Schoring is

542
00:54:43.760 --> 00:54:50.039
a reality and we live a historic
opportunity. However, there are important points

543
00:54:50.079 --> 00:54:53.639
of concern for Canal two thousand twenty- four. He or the good one,

544
00:54:53.920 --> 00:55:01.719
because the next president, because Samuel
snuck in there. But basically whoever

545
00:55:01.760 --> 00:55:06.559
takes over the presidency is going to
have very important challenges. The number one

546
00:55:06.639 --> 00:55:14.199
is the increase in historical debt according
to data from the Bank of Mexico and

547
00:55:14.280 --> 00:55:20.199
the SAT at the end of September. The estimates are that we close the

548
00:55:20.239 --> 00:55:25.679
fiscal year with a debt between pull
and a net debt of fourteen billion pesos,

549
00:55:27.039 --> 00:55:32.599
which represents forty- five point,
five percent of pil debt contracted to

550
00:55:32.719 --> 00:55:37.880
pay the current expenditure. Because this
debt, because it' s from the

551
00:55:37.960 --> 00:55:44.480
bad debt we tell you, not
that what it means, it means that

552
00:55:44.519 --> 00:55:49.440
bringing a little bit of our personal
economy, that we spend ourselves or that

553
00:55:49.440 --> 00:55:52.800
we have committed debts, half of
our income, half of our salary,

554
00:55:52.039 --> 00:55:57.199
half of our fortnights of our weeks
is already to pay debts. And this

555
00:55:57.280 --> 00:56:01.280
means it' s bad, toxic
debt, contracted for current spending. So

556
00:56:01.280 --> 00:56:06.599
here to talk about buying the credit
card in which the cinema already the restaurant

557
00:56:06.599 --> 00:56:13.400
buys the errand to buy clothes.
There really wasn' t a debt for

558
00:56:13.400 --> 00:56:16.440
infrastructure. The only works that are
coming mesity, because it is a flagship

559
00:56:16.519 --> 00:56:22.400
works of the President, two mouths, the refinery between Valle and the airport

560
00:56:22.440 --> 00:56:28.280
ifa that, certainly because if they
are going to give any benefit to the

561
00:56:28.360 --> 00:56:36.400
economic population, but they are transectional
works that probably do not see its benefits

562
00:56:36.400 --> 00:56:40.000
in six more years. No,
then we' re engaged right now.

563
00:56:40.719 --> 00:56:45.440
What we haven' t generated and
that' s no more debt. It

564
00:56:45.880 --> 00:56:51.199
lacks all the compound interest that this
debt represents. It' s hey.

565
00:56:51.760 --> 00:56:55.000
If I had right now, those
fourteen billion pesos, I pay the debt

566
00:56:55.039 --> 00:57:00.440
and I stay with Sars, as
it would be going back to the subject

567
00:57:00.519 --> 00:57:01.760
of our house, our credit card. But since we don' t have

568
00:57:01.800 --> 00:57:07.159
it right now, that capacity we
have to make payments and bo and there

569
00:57:07.159 --> 00:57:12.679
are debt bonds that have been issued
with the International Human Monetary Fund works with

570
00:57:12.880 --> 00:57:15.000
all these, what is the payment
plus the interest. Then, then,

571
00:57:15.119 --> 00:57:19.239
it is already the practice. Maybe
it' s not forty- five,

572
00:57:19.559 --> 00:57:22.159
maybe it' s fifty- two
or sixty or seventy percent of the gross

573
00:57:22.639 --> 00:57:29.679
domestic product. If to that we
add that today we do not have organisms

574
00:57:29.719 --> 00:57:34.840
that venerate Mexico. At this historic
moment, we do not have a pro

575
00:57:34.840 --> 00:57:39.559
- Mexico. The Ministry of the
Economy does not have a Under- Secretary

576
00:57:39.559 --> 00:57:44.960
for the Promotion of the State.
Basically the promoters of Mexico have been us,

577
00:57:44.960 --> 00:57:47.599
in our companies, in our companies. What we have seen has been

578
00:57:47.599 --> 00:57:53.800
the private sector and it has been
by chance. It is indeed a rather

579
00:57:53.920 --> 00:57:59.280
important risk not for those who come
to the presidency, because a country is

580
00:57:59.280 --> 00:58:01.360
going to be involved. Few words. The issue of pensions is another issue.

581
00:58:01.480 --> 00:58:07.199
Also currently estimates are that the cost
of pensions for the twenty- four

582
00:58:07.239 --> 00:58:15.119
people who are already reaching the retirement
age, this represents six percent of GDP.

583
00:58:16.000 --> 00:58:20.559
Now it makes a little more sense
of that reform than of workers inserting

584
00:58:21.079 --> 00:58:25.639
into their workforce people of more than
a hundred years old. There' s

585
00:58:25.679 --> 00:58:30.039
no money to pay for that.
All and above all those of us who

586
00:58:30.119 --> 00:58:32.159
live in the lims law of seventy- three and the ninety that we have

587
00:58:32.199 --> 00:58:38.360
our capacity and our complete liquidation,
we are going to place a very complicated

588
00:58:38.440 --> 00:58:42.440
burden on the Government. It costs
insecurity, as you say right now.

589
00:58:42.920 --> 00:58:45.840
Insecurity is something that is not alone, it is out of control and in

590
00:58:45.960 --> 00:58:50.280
each and every region of this country
where we see there is a security issue

591
00:58:50.360 --> 00:58:55.840
According to this, the survey of
security issues of INEGIP at the end of

592
00:58:55.880 --> 00:59:00.599
September of two thousand dietitrés is predicted
that in the end the exercise, because

593
00:59:00.599 --> 00:59:07.880
it will reach two percent pir is
very high. I mean, imagine.

594
00:59:07.920 --> 00:59:10.719
We already have the demanded fifty percent, fifty percent of the income to pay

595
00:59:10.760 --> 00:59:15.000
more debt, six percent of the
GDP plus, another two percent of insecurity.

596
00:59:15.119 --> 00:59:19.400
But whatever comes and we don'
t get a pandemic that doesn'

597
00:59:19.440 --> 00:59:24.079
t reach us. Another other,
this other, another, another subject like

598
00:59:24.079 --> 00:59:29.360
that of Acapulco, etc, Well, because we' re really going to

599
00:59:29.400 --> 00:59:34.599
be in a very complicated and very
complex situation. Not what we have to

600
00:59:34.599 --> 00:59:37.679
do, because we face regulations,
because it is a graph of how we

601
00:59:37.760 --> 00:59:44.760
can react. It' s pending. We, as executives or people in

602
00:59:44.760 --> 00:59:50.719
the foreign trade of customs, are
obliged to inform ourselves and to study,

603
00:59:51.840 --> 00:59:54.719
already, since back to what time
I am customs and I am my process,

604
00:59:55.000 --> 00:59:59.199
I am logistic and I find nothing
to carry and bring things and I

605
00:59:59.280 --> 01:00:02.960
leave them customs. I' m
a sledgehammer. To me bring and as

606
01:00:04.039 --> 01:00:08.920
today we are obliged to have access
to this information in what is happening in

607
01:00:08.920 --> 01:00:15.039
the world. It' s definitely
going to affect us, it' s

608
01:00:15.119 --> 01:00:17.840
going to affect our cubicles, our
work. What we have to do a

609
01:00:17.920 --> 01:00:22.079
map yes conceptual is, therefore,
to analyze the changes that, just as

610
01:00:22.119 --> 01:00:27.000
they come today, there is information
everywhere, there are groups of Whatsapp up

611
01:00:27.079 --> 01:00:30.400
in Tiktok, there are those who
explain the resolutions, of the Miscellaneous,

612
01:00:30.599 --> 01:00:35.320
of the rules. What is to
come, are the anticipated ones and then

613
01:00:35.320 --> 01:00:39.480
you have to interpret those changes to
see how, based on our professional activity,

614
01:00:39.679 --> 01:00:45.760
the business that we work in,
what we do affects us or benefits

615
01:00:45.840 --> 01:00:52.719
us. Be a benefit, a
tax incentive, or be a risk or

616
01:00:52.000 --> 01:00:55.880
a point of concern, as was
the master of oversight at the time.

617
01:00:59.559 --> 01:01:02.559
Who is we have at hand our
savannah agents, who is the foreign trade

618
01:01:02.599 --> 01:01:09.920
advisor. By excellence, there are
external consultants offices dedicated to this. There

619
01:01:09.960 --> 01:01:15.079
' s no bad external consultant.
It all depends on how much openness we

620
01:01:15.119 --> 01:01:21.199
have to teach him our operation and
guide him so that he can help us

621
01:01:21.199 --> 01:01:25.639
better. There are all chambers and
associations and suppliers of compliance systems. Once

622
01:01:25.679 --> 01:01:29.559
we have this is, define the
action plan, I have a problem,

623
01:01:30.000 --> 01:01:32.960
I have a contingency, calculate risks, calculate the golden opportunity and then go

624
01:01:34.039 --> 01:01:39.519
sit down with the management of our
organizations, with the managers and tell them

625
01:01:39.679 --> 01:01:45.519
what we have to do. We
have to come back a very quick thing

626
01:01:45.519 --> 01:01:49.599
for days. The areas will be
considered as a priority in the twenty-

627
01:01:49.960 --> 01:01:52.079
four, as they are tariff classification. Why classifications come out was like number

628
01:01:52.119 --> 01:01:58.719
one. The system of sanctions on
us in the world of foreign trade means

629
01:01:58.800 --> 01:02:04.599
that the failure of the clergy,
the sanctions on steel and metals are all

630
01:02:04.679 --> 01:02:09.239
contained in Chapter seventy- three seventy- four to seventy- eight of the

631
01:02:09.360 --> 01:02:15.760
customs law. It' s over
1, 500 items. Then we have

632
01:02:15.880 --> 01:02:22.639
to see our merchandise catalogue. If
we fall into one of those reading the

633
01:02:22.119 --> 01:02:27.039
regulation and if we embark that country
or if we bring in that country,

634
01:02:27.280 --> 01:02:31.039
see what we have to do.
Then we saw it in Mexico, the

635
01:02:31.119 --> 01:02:37.079
changes in tariff fractions to steel to
hydrocarbons plus the ones that come are going

636
01:02:37.159 --> 01:02:42.400
to keep coming the Escellaria frisone.
What we have to do to ensure that

637
01:02:42.440 --> 01:02:45.719
our birth classifications are correct and well
determined. The determination of country of origin,

638
01:02:45.920 --> 01:02:49.880
as it goes hand in hand with
the sanctions regime, because it punishes

639
01:02:50.760 --> 01:02:54.599
the country of origin or the country
of destination. Don' t sell it

640
01:02:54.880 --> 01:03:01.480
to countries related to China, don' t sell it to countries related to

641
01:03:01.679 --> 01:03:06.320
Russia, don' t sell it
to entities related to drug trafficking, to

642
01:03:06.320 --> 01:03:10.320
organized crime. Check this one'
s contracts. Now the issue of forced

643
01:03:10.440 --> 01:03:15.119
labour is also going to come to
us, to change everything, to see

644
01:03:15.840 --> 01:03:20.920
there are specific places in the world
that are identified by the UN and by

645
01:03:20.960 --> 01:03:27.760
all and by the governments, like
where there are issues of child exploitation,

646
01:03:28.199 --> 01:03:32.440
of forced labor and that, basically, they are punishing us for buying it.

647
01:03:32.440 --> 01:03:37.960
Hence, and like everything else,
the problem with sanctions regimes as before.

648
01:03:38.800 --> 01:03:45.440
It has to do with one thing, to prove the origin, to

649
01:03:45.440 --> 01:03:50.119
prove that I am transforming, to
prove that I am not bringing it here,

650
01:03:50.320 --> 01:03:53.840
to prove that it does not contain
matters of it, the truth,

651
01:03:54.280 --> 01:03:59.320
the customs valuation, because it is
this one in matters, because obviously,

652
01:03:59.320 --> 01:04:00.239
tax payment has a lot to do
with it. How much toy with ran

653
01:04:00.400 --> 01:04:03.760
how much I' m bringing in, what is my document I' m

654
01:04:03.840 --> 01:04:06.800
using to import, what I'
m telling customs, how much the goods

655
01:04:06.800 --> 01:04:10.519
are worth, because that' s
the basis on which I' m paying

656
01:04:10.519 --> 01:04:13.599
in taxes. However, if I' m buying, if I' m

657
01:04:13.800 --> 01:04:16.960
bringing consigned, if I' m
being commissioned to carry out a service job,

658
01:04:17.159 --> 01:04:20.519
I have to know what the value
is and the owner of goods.

659
01:04:20.639 --> 01:04:26.079
How he did to assign the value
of goods the issue of understatement, because

660
01:04:26.119 --> 01:04:30.719
also of military responsibilities, the incremental
costs and compliance of the IMIX, since

661
01:04:30.840 --> 01:04:36.719
everything we have of counter- food, control of assets, certification of IVAFS,

662
01:04:36.920 --> 01:04:45.599
for the topic precisely of this program, this of strategic plan, of

663
01:04:45.679 --> 01:04:50.920
control and the safety in logistic meat, why, for the concerns of international

664
01:04:50.920 --> 01:04:55.960
security. So, of all this
that we saw and talked about and that

665
01:04:55.960 --> 01:05:00.119
we learned today, because how do
I do it tomorrow that I did it

666
01:05:00.199 --> 01:05:03.280
again in my work, in my
cubicle, in my office, that I

667
01:05:03.280 --> 01:05:08.400
talk my donal agent. These are
the issues on which we recommend, focus,

668
01:05:08.960 --> 01:05:13.639
put controls, because everything that is
happening in the world will eventually affect

669
01:05:13.719 --> 01:05:18.000
us. Well, we' re
way out of time. I' m

670
01:05:18.599 --> 01:05:23.159
offering you an apology It' s
five minutes. He' ll only do

671
01:05:24.760 --> 01:05:27.320
too much information, and I hope
you' ll have something left in your

672
01:05:27.320 --> 01:05:30.159
good fortune. Follow me in stellar
networks, your orders for any doubt,

673
01:05:30.400 --> 01:05:39.840
comment or input. Thank you very
much, Alejandro. I think a very

674
01:05:39.920 --> 01:05:45.760
interesting topic to reflect on for everyone. Here came two comments, some of

675
01:05:45.800 --> 01:05:49.400
which I saw resolved. However,
I don' t know if you want

676
01:05:49.400 --> 01:05:55.119
to comment. Question, Juan,
what did you think of the elections of

677
01:05:55.159 --> 01:06:00.679
the next two thousand twenty- four
will affect foreign trade. Yes, definitely,

678
01:06:00.760 --> 01:06:05.719
it can definitely affect us and a
lot or maybe the stop won'

679
01:06:06.039 --> 01:06:11.679
t go out to affect us.
It' s just going to change,

680
01:06:12.119 --> 01:06:16.320
it' s going to change no
and we have to, as I was

681
01:06:16.360 --> 01:06:19.800
saying, we have to study a
lot to know what things were like in

682
01:06:19.800 --> 01:06:21.800
the past and we have to get
a lot of information to know what'

683
01:06:21.800 --> 01:06:26.920
s coming and be prepared. That' s what can happen today. If

684
01:06:27.039 --> 01:06:30.840
you tell us in two thousand fifteen
everything that was going to happen with the

685
01:06:30.840 --> 01:06:35.440
arrival of President Trump, remember what
we thought President Trump is going to cancel

686
01:06:35.440 --> 01:06:39.719
the Free Trade Agreement, he'
s going to put a wall on what

687
01:06:39.800 --> 01:06:43.360
happened two years later and put the
trade war with China and help us wonder.

688
01:06:43.719 --> 01:06:48.840
Then you have to be prepared to
read very well the things that happen.

689
01:06:49.679 --> 01:06:54.920
It is and it also tells us
here that what is your opinion about

690
01:06:55.000 --> 01:06:59.559
the forty- hour day and that
if it will be adopted in twenty-

691
01:06:59.880 --> 01:07:05.159
four or up to twenty- five, it is just in plenary. This

692
01:07:05.559 --> 01:07:12.519
is about to pass the senators through
the times It' s hardly going to

693
01:07:12.519 --> 01:07:15.440
stay in this period. It'
s probably moving until the April- east

694
01:07:15.440 --> 01:07:23.679
period. I personally think that,
as it is an election year and as

695
01:07:23.719 --> 01:07:28.679
it has to do for the well- being of the workers, it will

696
01:07:28.719 --> 01:07:32.960
go forward. I think so.
The subject is like there. Not a

697
01:07:33.039 --> 01:07:39.119
document I was reading mentioned Chile,
which in Chile did the same thing to

698
01:07:39.159 --> 01:07:43.960
reduce working hours. I think they
and even fifty to forty hours, but

699
01:07:43.960 --> 01:07:48.920
they did it staggered, they chose
the industries, they chose the days,

700
01:07:49.639 --> 01:07:55.639
they worked schemes even of mixed ontarios
and in a period of about ten twelve

701
01:07:55.639 --> 01:08:00.760
months they were, they were turning
it around. That' s the thing,

702
01:08:00.880 --> 01:08:03.440
but I think it will, will
it? He' s gonna go,

703
01:08:04.199 --> 01:08:06.960
' cause they' re gonna see
each other. All these changes are

704
01:08:08.039 --> 01:08:13.239
actually very good and we need them
to be more competitive. The thing is,

705
01:08:13.800 --> 01:08:15.359
they' re gonna cost a lot
of money. So, this,

706
01:08:16.520 --> 01:08:20.600
that' s the one where everything' s gonna get stuck. Yeah,

707
01:08:21.479 --> 01:08:24.960
yeah, yeah, yeah, there' s gonna be a big burden for

708
01:08:25.079 --> 01:08:30.000
a lot of companies, right,
and they' re gonna forgive, sorry.

709
01:08:30.279 --> 01:08:31.479
No. No, I don'
t. He said that for many

710
01:08:32.000 --> 01:08:35.600
companies who knows if they can bear
that burden. No yes, and it

711
01:08:35.600 --> 01:08:40.359
' s an effect I don'
t, because the sure thing is that

712
01:08:40.439 --> 01:08:44.920
you don' t keep that burden, because they transfer it to the service

713
01:08:44.920 --> 01:08:46.159
thing, to the corsus, the
product. There' s more money,

714
01:08:46.359 --> 01:08:50.640
but the prices go away, there' s more inflation, and then we

715
01:08:50.640 --> 01:08:56.079
don' t want it, because
then the inflation, because it beats the

716
01:08:56.199 --> 01:09:03.159
credit and beats it a lot like
things and then after that, it'

717
01:09:03.159 --> 01:09:10.680
s good. There are many congratulations
on important issues and about being alert,

718
01:09:10.840 --> 01:09:19.960
right well, and because right now
I open the microphone for our panelists ahead,

719
01:09:21.720 --> 01:09:27.960
I think the engineer opened the microphone. First thanks, thanks, Toña,

720
01:09:28.520 --> 01:09:32.119
hey Alex. What data you'
ve given us, what hard data

721
01:09:32.159 --> 01:09:40.119
you' ve given us and what
interesting things we' ve put together.

722
01:09:41.000 --> 01:09:47.279
I say and to finish plasmas,
the three readers of the harmonized system classification,

723
01:09:47.760 --> 01:09:51.439
valuation, origin. These are things
that we need to be very conscious,

724
01:09:53.000 --> 01:09:56.399
very present. If you heard,
since the eighth amendment doesn' t

725
01:09:56.399 --> 01:09:58.880
come in two thousand twenty- seven. I know, then, that a

726
01:09:58.920 --> 01:10:00.000
year is coming to two thousand and
twenty- eight. Yes, yes,

727
01:10:00.000 --> 01:10:05.239
exactly, and and it' s
a very important point, because the world

728
01:10:05.239 --> 01:10:09.680
customs regression. You' re also
thinking about what' s going on with

729
01:10:09.760 --> 01:10:14.239
the humorous system, what' s
going to happen with the whole rate and

730
01:10:14.840 --> 01:10:15.600
all this, and there' s
really hard data on all this stuff you

731
01:10:15.600 --> 01:10:17.960
' re giving us. Not that
of the debts of fourteen billion pesos,

732
01:10:18.319 --> 01:10:27.760
son, what a hard debt we
have and what important issues we have to

733
01:10:27.800 --> 01:10:30.439
think about. In two thousand twenty- four we come very strong. We

734
01:10:30.520 --> 01:10:36.880
' re going to close this year
too with a lot of trouble and all

735
01:10:36.880 --> 01:10:44.199
that, and so congratulations, you
gave us a great, a great talk,

736
01:10:44.600 --> 01:10:46.600
a plant is very interesting, very
important and worthy to think about.

737
01:10:47.039 --> 01:10:49.800
Thank you, Alex, a hug
is mast. Thank you, thank you

738
01:10:49.840 --> 01:10:58.640
for the word forward view, thank
you engineer, thank you, repeat,

739
01:11:00.279 --> 01:11:03.720
it is my extraordinary alex of time
you have given us the whole year that

740
01:11:03.720 --> 01:11:09.520
is coming to an end. There
are really two visions here. One of

741
01:11:09.640 --> 01:11:15.279
those who generate wealth, or we
know, generate a weight, and the

742
01:11:15.680 --> 01:11:24.000
other people who generate laws without knowing
how that resource is generated. That'

743
01:11:24.119 --> 01:11:27.359
s always going to be the conflict, not right now, but they don

744
01:11:27.439 --> 01:11:34.039
' t call it liberals or conservatives, and so on. But the most

745
01:11:34.119 --> 01:11:41.560
dangerous thing is to be making laws
and not knowing the productivity that we have

746
01:11:41.560 --> 01:11:45.880
as a country. And that is
something very vital Albricias and I sometimes become

747
01:11:45.920 --> 01:11:53.119
an entrepreneur, my entrepreneur, yes, it is hard the burden to keep

748
01:11:54.840 --> 01:12:00.800
us in force. We' ve
done well, we' re here,

749
01:12:01.560 --> 01:12:06.960
but there are times when it'
s just the pure payments, payments that

750
01:12:06.960 --> 01:12:13.960
have to be made. However,
I also agree with Enrique. I was

751
01:12:13.960 --> 01:12:21.239
shocked right now by the debt we
have of fourteen billion pesos we go from

752
01:12:21.279 --> 01:12:29.640
in this matches that we had a
manageable balance. It has increased and therefore,

753
01:12:29.720 --> 01:12:39.439
irresponsibly because you in your exhibition,
you commented that well, because we

754
01:12:39.520 --> 01:12:46.520
have not realized therefore the salaries and
salaries that have to be paid in the

755
01:12:46.560 --> 01:12:53.760
aspect of works of thousands and millions
of pesos that we are already no longer

756
01:12:53.760 --> 01:13:00.520
at any end in clean energies and
we continue to insist on making one,

757
01:13:00.520 --> 01:13:08.319
one, in two mouths, one
of oil to be the gasolines. Yeah,

758
01:13:08.600 --> 01:13:13.000
so, yes, it' s
worrying and it' s spent a

759
01:13:13.000 --> 01:13:16.760
lot. Well, but congratulations,
Alex Thank you, thank you, thank

760
01:13:16.880 --> 01:13:21.399
you very much, thank you for
your participation and your data. That'

761
01:13:21.399 --> 01:13:24.720
s very kind of you. Thanks
from Auntie. Greetings, my Henry.

762
01:13:27.079 --> 01:13:30.000
Thank you very much. View,
well, then we will proceed to the

763
01:13:30.039 --> 01:13:38.840
delivery of the recognition for Alejandro tele
se Magazim and let' s make a

764
01:13:38.920 --> 01:13:44.399
barter grant the present recognition to the
graduate Alejandro Mayor for bartering in the virtual

765
01:13:44.479 --> 01:13:48.319
conversation with the topic perspectives of international
trade two thousand twenty- four. The

766
01:13:48.399 --> 01:13:53.720
twenty- ninth day of November of
two thousand and twenty- three is signed

767
01:13:53.800 --> 01:13:59.720
by our President, Dr Octavio de
la Torre and teacher Daniela. We'

768
01:14:00.000 --> 01:14:02.119
ve reached the end of today'
s barge. Thank you so much for

769
01:14:02.199 --> 01:14:05.680
joining us. Let' s make
a barter v asom an FTA event.

770
01:14:05.760 --> 01:14:10.920
Magicians and Mexico. If you liked
this talk, don' t forget to

771
01:14:10.960 --> 01:14:15.560
share each event with your contacts so
that we continue to spread knowledge and stay

772
01:14:15.560 --> 01:14:19.199
up to date. They find all
our talks through our online education platform,

773
01:14:19.680 --> 01:14:27.239
entering www TLC Magas in Mexico com
Mx in the course section, where you

774
01:14:27.279 --> 01:14:30.840
can see them again without cos If
you are interested in any specific topic,

775
01:14:31.159 --> 01:14:34.960
send us a message through the social
networks of Teles Magas in Mexico and we

776
01:14:35.039 --> 01:14:40.600
will look for an expert who can
clarify your doubts. This was let'

777
01:14:40.680 --> 01:14:40.960
s do a creek.

